On Fri, Dec 18, 2015 at 2:47 AM, Jonathan Toomim via bitcoin-dev < bitcoin-dev@lists.linuxfoundation.org> wrote: > > On Dec 18, 2015, at 10:30 AM, Pieter Wuille via bitcoin-dev < > bitcoin-dev@lists.linuxfoundation.org> wrote: > > 1) The risk of an old full node wallet accepting a transaction that is > invalid to the new rules. > > The receiver wallet chooses what address/script to accept coins on. > They'll upgrade to the new softfork rules before creating an address > that depends on the softfork's features. > > So, not a problem. > > > Mallory wants to defraud Bob with a 1 BTC payment for some beer. Bob runs > the old rules. Bob creates a p2pkh address for Mallory to use. Mallory > takes 1 BTC, and creates an invalid SegWit transaction that Bob cannot > properly validate and that pays into one of Mallory's wallets. Mallory then > immediately spends the unconfirmed transaction into Bob's address. Bob sees > what appears to be a valid transaction chain which is not actually valid. > > What do you mean a valid transaction chain? If Bob is fully validating (even with old software), he should see that Mallory's signature is not on a transaction with his address. Do you mean Mallory creates a regular transaction as well as an Anyone-can-spend segwit transaction that results in double spending in the same block? Sorry not sure what I'm missing... > Clueless Carol is one of the 4.9% of miners who forgot to upgrade her > mining node. Carol sees that Mallory included an enormous fee in his > transactions, so Carol makes sure to include both transactions in her > block. > > Mallory gets free beer. > > Anything I'm missing? > > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev > > -- PGP: B6AC 822C 451D 6304 6A28 49E9 7DB7 011C D53B 5647